The consulting landscape of India is currently worth around $12 billion and growing at 6% to 8% per annum. India’s consulting industry now finds itself at the onset of major disruption due to the country’s sector trends. This leads to a big question, are the corporate advisory consultants able to understand the management needs, the technology trends and the potential disruptors in sectors. One pioneering consultancy firm that is geared up to meet these challenges by providing strategic and innovative solutions to the Management by ensuring that their clients grow not only organically but also inorganically is Mehta Chokshi & Shah(MCS). The company operates with a vision of becoming the preferred strategic advisors offering innovative and pragmatic solutions to their clients.
When asked about the inception story of MCS and the various services offered by the company, Chetan Shah, who is a senior partner at the firm adds, “We are the second generation of partners. Our firm was originally started by three friends who qualified CA together and worked really hard with utmost sincerity, integrity and dedication towards the clients and profession. Our knowledge of markets, trends and opportunities assist our clients in assessing strategic growth potential as well as identification of suitable acquisition targets.
Crafting a strategy to approach potential acquisition candidates and negotiating the terms and structure of a potential transaction are delicate matters in which MCS’s professionals have extensive experience. Our experienced, independent advisory team analyze and critically evaluate the strategic and financial rationale of proposed transactions to assist our clients in identifying, evaluating and executing acquisitions that generate exceptional value.
Our experience in representing strategic and financial acquirers as well as sellers of businesses in domestic and cross border transactions includes Strategic analysis of a potential acquisition/sale, Rigorous prospect
screening, Approaching targeted prospects, Valuation of acquirer and prospect, Transaction negotiation, Managing due diligence and also carrying out vendor due diligence for the prospective seller, and Cultural sensitivity in cross border M&A transactions”.
TMFT – Technology, Market, Finance and Talent are the four pillars that MCS works on closely with its clients to provide high quality services. Adding more about what separates them from the rest and the growth chart of the company, Chetan adds, “Our core competence lies in understanding the business and the business needs of our client and the industry that it operates in. We work closely and ensure that we function in a way that we are part of the overall Management Team. Our work and commitment have been appreciated by other professionals for the guidance and solutions offered to our clients.
Along with competent solutions, the soft factors of understanding business exigencies and requirements of the client with frequent interactions acts as a major clincher and adds to the satisfaction quotient of our clients. As far as our growth is concerned, we have been growing at 15% YOY for the past few years. Since 2014, we have done three acquisitions wherein two proprietary firms and one partnership firm joined us in practice. We are now a ten-partner firm with a team size of more than 100 people and we have been able to add offerings of Indirect Tax, Technology solutions, hospitality consultancy and IFRS implementation to our bouquet of traditional services over the last decade”.
Evolving with the changing times, MCS is aiming to always stay ahead of the curve and strive for consistent improvement in the industry. The company has laid out a well planned future road-map for them and as a bid to take their operations to the next level, MCS has already tied up with Auditoria.ai a solution providing Silicon Valley company that offers AI solutions to Finance and ERP.